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Optimism to Cambodian Riel Converter and calculator

Convert 1Optimism (OP) to Cambodian Riel (KHR) equals ៛ 10,243.79 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Optimism(OP) to Cambodian Riel(KHR). This is the real-time data. The current conversion shows 1 OP at a value of 1 OP for 10,243.79 KHR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KHR information

About Cambodian Riel (KHR)

The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.

Historical Background

The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.

Design and Symbolism

The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.

Economic Role

The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.

Monetary Policy and Inflation

Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.

International Trade and the Cambodian Riel

The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.

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Bitget crypto-to-fiat exchange data shows that the most popular Optimism currency pair is the OP to KHR, with for Optimism's currency code being OP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KHR.

OP to KHR conversion rate trend

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In the past 1D, Optimism has changed -0.42% to KHR. Based on the trend and price charts, Optimism(OP) has changed -0.42% to KHR while Cambodian Riel(KHR) has changed % to OP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
៛10,247.96
0.0001% / 0.0004%vip-iconVIP
Binance
៛10,245.15
0.1000% / 0.1000%
Yes
Coinbase Exchange
៛10,249.22
0.1000% / 0.1000%
Yes
OKX
៛10,248
0.080% / 0.100%
Yes
Huobi
៛10,249.22
0.1000% / 0.1000%
Yes
Gate.io
៛10,253.7
0.1000% / 0.1000%
Yes
Bybit
៛10,244.74
0.1000% / 0.1000%
Yes
KuCoin
៛10,220.72
0.1000% / 0.1000%
Yes
Bitfinex
៛10,231.31
0.1000% / 0.1000%
Yes
Last updated 2024/04/23 20:00:34(UTC+0)

What factors influence the conversion rate of Optimism to Cambodian Riel?

Optimism to Cambodian Riel is rising this week.
Optimism's current market price is ៛ 10,243.79 per OP, with a total market cap of ៛ 10,708,651,783,262.98 KHR based on a circulating supply of 1,045,379,840 OP. The trading volume of Optimism has changed by -14.65% (៛ -142,334,767,424.76 KHR) in the last 24 hours. Last trading day, OP's trading volume was ៛ 971,548,483,135.24.
Market cap
$2.63B
24h volume
$203.64M
Circulating supply
1.05B OP

Conversion tables

The exchange rate of Optimism is decreasing.
1 OP is currently valued at ៛ 10,243.79 KHR , which means buying 5 OP will cost ៛ 51,218.95 KHR . Similarly, ៛1 KHR can be traded for 0.{4}9762 OP, and ៛50 KHR can be converted to 0.004881 OP, excluding any platform or gas fees.
The exchange rate of 1 OP to Cambodian Riel has changed by +14.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.42%, reaching a high of 10,522.68 KHR and a low of 10,058.33 KHR . One month ago, the value of 1 OP was ៛ 14,999.09 KHR , which represents a -31.71% change from its current value. Over the last year, Optimism has changed by
+
1,224.03KHR
, resulting in a change of +13.58% in its value.

OP to KHR

Amount
20:00 today
0.5 OP
5,121.89
1 OP
10,243.79
5 OP
51,218.95
10 OP
102,437.9
50 OP
512,189.5
100 OP
1,024,378.99
500 OP
5,121,894.96
1000 OP
10,243,789.92

KHR to OP

Amount20:00 today
0.5KHR0.{4}4881  OP
1KHR0.{4}9762  OP
5KHR0.0004881  OP
10KHR0.0009762  OP
50KHR0.004881  OP
100KHR0.009762  OP
500KHR0.04881  OP
1000KHR0.09762  OP
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Today vs. 24 hours ago

Amount20:00 today24 hours ago24h change
0.5 OP$1.26$1.26
-0.42%
1 OP$2.52$2.53
-0.42%
5 OP$12.58$12.63
-0.42%
10 OP$25.16$25.26
-0.42%
50 OP$125.78$126.31
-0.42%
100 OP$251.57$252.62
-0.42%
500 OP$1,257.83$1,263.09
-0.42%
1000 OP$2,515.67$2,526.19
-0.42%

Today vs. 1 month ago

Amount20:00 today1 month ago1M change
0.5 OP$1.26$1.84
-31.71%
1 OP$2.52$3.68
-31.71%
5 OP$12.58$18.42
-31.71%
10 OP$25.16$36.83
-31.71%
50 OP$125.78$184.17
-31.71%
100 OP$251.57$368.35
-31.71%
500 OP$1,257.83$1,841.74
-31.71%
1000 OP$2,515.67$3,683.47
-31.71%

Today vs. 1 year ago

Amount20:00 today1 year ago1Y change
0.5 OP$1.26$1.11
+13.58%
1 OP$2.52$2.22
+13.58%
5 OP$12.58$11.08
+13.58%
10 OP$25.16$22.15
+13.58%
50 OP$125.78$110.75
+13.58%
100 OP$251.57$221.51
+13.58%
500 OP$1,257.83$1,107.53
+13.58%
1000 OP$2,515.67$2,215.07
+13.58%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.